PPP Loan information for Morris petroleum inc.

$141,125

Morris petroleum inc. was initially approved for PPP Loan of amount $141,125, the current approved amount is $141,125. The loan was approved on 02/18/2021 by The Regions Bank reported 8 jobs and $141,125 was used to fund payroll.

Morris petroleum inc. is Existing or more than 2 years old

MORRIS PETROLEUM INC.

Date Approved

02/18/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MORRIS PETROLEUM INC.

Borrower Address

145 Ridgeland Plz

Borrower City

Ridgeland

Borrower State

MS

Borrower Zip

39157-3412

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

141125.00

Current Approval Amount

141125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ridgeland

Project County Name

MADISON

Project State

MS

Project Zip

39157-3412

CD

MS-03

Jobs Reported

8

NAICS Code

424720

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

141119.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142261.73

Forgiveness Date

12/16/2021

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